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Author Question: If the interest rate rises from 1 percent to 3 percent, the ________ decreases and the opportunity ... (Read 51 times)

Redwolflake15

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on: Jun 30, 2018
If the interest rate rises from 1 percent to 3 percent, the ________ decreases and the opportunity cost of holding money ________.
 
  A) demand for money; rises
  B) quantity of money demanded; rises
  C) quantity of money supplied; rises
  D) quantity of money demanded; falls
  E) quantity of money supplied; falls

Question 2

Moving along the aggregate supply curve,
 
  A) the quantity of capital used increases.
  B) technology advances.
  C) the stock of human capital increases.
  D) only the price level changes.
  E) the real wage rate is constant.


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firehawk60

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Redwolflake15

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Reply #2 on: Jun 30, 2018
Thank you :)


firehawk60

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Reply #3 on: Jun 30, 2018
Happy to help you


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